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Sherman Residential Announces Acquisition of 299-Unit Axis Kessler Park Apartment Community Located in West Dallas, Texas


DALLAS, TX – Sherman Residential announced its acquisition of Axis Kessler Park Apartments, a 2017-constructed Class A+ multifamily community located in West Dallas, Texas.
Formerly Lincoln Kessler Park, the property is located on the west side of Dallas, one of the nation’s leading centers for employment. Dallas Fort-Worth consistently ranks high among metropolitan areas for job creation and holds an unemployment rate much lower than the national average.
With Kessler Park just ten minutes from the city’s central business and medical districts, residents have access to top employers, including the Federal Reserve Bank of Dallas, AT&T, Deloitte, and Morgan Stanley. Furthermore, the Oak Cliff/West Dallas neighborhood presents a vibrant mix of new dining and retail, culture, and connection to the city’s urban core.  ....

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There's No Place Like Home in Fairlington


Mayor Justin Wilson makes remarks at the Dec. 9 groundbreaking of The Waypoint at Fairlington.
Construction of The Waypoint of Fairlington officially kicked off Dec. 9 with a groundbreaking ceremony to celebrate the affordable housing development on the site of a former parking lot of Fairlington Presbyterian Church.
Mayor Justin Wilson was among those in attendance, which was limited to comply with current statewide COVID-19 restrictions.
The city is pleased to support another affordable housing development made possible through the partnership of a nonprofit housing entity and a local faith community, which has embraced housing neighbors as part of its mission, Wilson said. ....

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Waypoint Affordable Housing Project Breaks Ground In Alexandria


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A groundbreaking for an affordable housing development called The Waypoint in Alexandria was held on Wednesday, Dec. 9. (Wesley Housing)
(Wesley Housing)
(Wesley Housing )
ALEXANDRIA, VA Affordable housing developer and manager Wesley Housing and partners broke ground Wednesday on an affordable housing project in Alexandria called The Waypoint at Fairlington.
The project, in partnership with Fairlington Presbyterian Church, will add 81 affordable units on a underutilized parking lot adjacent to the church. The development will serve individuals and families with 30 percent, 50 percent, and 60 percent of the Area Median Income. The City of Alexandria provided rental assistance vouchers to set aside nine of the units for individuals with developmental disabilities. ....

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